CANADA JULY CPI +2.5% YOY, SLOWEST SINCE MARCH 2021

MNI China Daily Summary: Tuesday, Aug 20

China Repo Rates Rise On Tuesday

MNI: PBOC Net Drains CNY236.6 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Lower At 7.1325 Tues; +2.12% Y/Y

MNI: US AUG PHILADELPHIA FED NONMFG INDEX -25.1

MNI: CANADA JUL CPI INFLATION +0.4% M/M, +2.5% YY

MNI: EUROZONE JUN CONSTRUCTION OUTPUT +1.7% M/M, +1% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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MNI POLITICAL RISK ANALYSIS – US Daily Brief 10-02-22

Executive Summary:

  • 08:30 ET 13:30 GMT: CPI data incoming. The White House says the number will be high but doesn't follow the positive recent trend.
  • Former President Donald Trump has spoken out against Senate Minority Leader Mitch McConnell (R-KT) on the Republican National Committee dispute. Trump said: ‘Mitch McConnell does not speak for the Republican Party and does not represent the views of the vast majority of its voters...'
  • The Department of Homeland Security has warned similar protests to those ongoing in Canada could spread south of the border. Plans are reportedly underway for a protest in Washington DC and the DHS said that protests could block roads in major cities and target the Super Bowl or the State of the Union address.
  • US Secretary of State Antony Blinken has used the QUAD summit in Australia to affirm US commitment to AUKUS, the trilateral military alliance of the US, the UK, and Australia.
  • Democrats have urged a deal on the JCPOA (Iran nuclear deal) after a closed Senate briefing by Special Envoy to Iran Robert Malley. Senator Chris Murphy (D-CT) said: ‘I see no way to stop Iran’s progress other than re-entering this deal. And I left the briefing more certain than ever that we better be serious about trying to get back into an agreement.’
  • Senator Richard Shelby (AL), the ranking Republican on the Senate Appropriations Committee, announced yesterday that negotiators have reached a ‘breakthrough’ on government funding although the issue of 'federal funding for crackpipes' made it all the way to the White House.

Please find the full article below:

MNI POLITICAL RISK ANALYSIS – US Daily Brief 10-02-22 .pdf

USPolitical Market NewsPolitical Risk
USPolitical Market NewsPolitical Risk

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